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Sprint Stock Soars 77% On T-Mobile Merger, Here’s Why One Expert Thinks It Could Keep Surging

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Sprint's stock increased 77% on the T-Mobile merger, here’s why 1 expert thinks it could keep surging: by skleb1234

the $26 billion merger between T-Mobile and Sprint, shares of both companies have already surged by 12% and 77%, respectively—with more upside still to come after the merger is finalized and the newly combined company begins to transition to 5G, according to one expert.to take over Sprint—putting the company on par with major network operators Verizon and AT&T, after defeating a lawsuit from state attorneys general which claimed the deal would hurt consumers by eliminating competition.

He points out that Sprint shares are still trading at a 10% discount to the overall value of the deal, which “presents an opportunity” for further upside in the stock as the merger gets finalized in the next couple of months.

 

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skleb1234 T-Mobile is better

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